Quote of the Day

Mr Krugman thus implied that the British government—deliberately or mistakenly—had engineered measly growth at the beginning of its term, thus making it easier for the economy to roar back as the election approached. That would seem to ascribe to the coalition an unrealistic level of strategic wizardry and general deviousness, beyond even that possessed by the chancellor of the exchequer, George Osborne. Though interesting, it may say more about Mr Krugman than the British government.

C.W.. Of course, as many of us already know, Paul Krugman is fond of crazy conspiracy theories.